JP Morgan Maintains Underweight on Stanley Black & Decker, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut maintains an Underweight rating on Stanley Black & Decker (NYSE:SWK) but raises the price target from $80 to $88.
August 05, 2024 | 2:49 pm
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JP Morgan analyst Michael Rehaut maintains an Underweight rating on Stanley Black & Decker (NYSE:SWK) but raises the price target from $80 to $88.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals likely result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100